AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.37 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against SunX−0.094%7-day average −0.020% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$17 on $10k

Price spread, last 3 days (all we have)+0.035%+$4 · spread now −0.094%, 7d avg −0.020%

Together, before fees−0.130%−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.074% cheaper against SunX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.020%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AXS-USDT	1.0638	0.0100	pay 0.0050% / 4h	1h 47m	$2K	$1.3M	20x
Short	OKX AXS-USDT-SWAP	1.0628	0.0026	get 0.0013% / 4h	1h 47m	$1.4M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee OKXbpOrdersPrice spread, now −0.094%Rate

Funding earned: −$15.51
Price spread: −0.094% → −0.020%: −$7.37
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$40.87
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 7 min ago; OKX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 7 min ago	500.09 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.47 bp	22.6 bp −$23	doesn't fit	doesn't fit	doesn't fit

AXS on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_AXSUSD	−0.0476%	1h	1.0639	+0.014%	$139K	$320K	20x	as long as short
OKX AXS-USDT-SWAPshort	+0.0026%	4h	1.0628	−0.094%	$1.4M	$2.7M	20x
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	+0.771%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDC	+0.0071%	4h	1.0630	−0.075%	$3K	—	10x	as long as short
Lighter AXS	+0.0096%	1h	1.0653	+0.141%	$28K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0632	−0.056%	$261K	$293K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0638	+0.001%	$72K	$11K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0631	−0.062%	$5.9M	$9.3M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0633	−0.047%	$3.2M	$3.6M	75x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0638	0.000%	$959K	$1.0M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AXS_USDT	+0.0100%	4h	1.0630	−0.075%	$11.1M	$720K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0630	−0.075%	$581K	$294K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0640	+0.019%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0629	−0.085%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0626	−0.117%	$36K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0630	−0.075%	$751K	$882K	10x	as long as short
SunX AXS-USDTlong	+0.0100%	4h	1.0638	long leg	$2K	$1.3M	20x
SoDEX AXS-USD	+0.0100%	1h	1.0628	−0.094%	$684	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0628	−0.091%	$7K	$156K	10x	as long as short
BloFin AXS-USDT	+0.0149%	4h	1.0630	−0.075%	$271K	$17K	75x	as long as short